Bermuda's service imports (current US$, BoP) was US$1.3 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 46.54% from US$888.31 million in 2015 (3.9% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.3 billion | 2025 |
| Five years earlier | US$796.48 million | 2020 |
| Ten years earlier | US$888.31 million | 2015 |
| Highest | US$1.3 billion | 2025 |
| Lowest | US$796.48 million | 2020 |
| Average since 2016 | US$1.03 billion | 2016–2025 |
| First recorded | US$861.92 million |
What the numbers say
In 2025, Bermuda's service imports (current US$, BoP) rose 4.7% on 2024 (from US$1.24 billion to US$1.3 billion).
Across the 18 yearly changes before that (2007 to 2024), the average change was +2.8% and a typical year strayed about 12.7% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 29.4% in 2007 and the biggest yearly fall was 25.7% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about US$30.43 million a year. A straight line explains 33% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2025, Bermuda had the 114th highest value of the 136 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Bermuda | US$1.3 billion | 2025 |
| World | US$8.75 trillion | 2025 |
| North America | US$1.08 trillion | 2025 |
| High income | US$6.82 trillion | 2025 |
Closest to Bermuda in the 2025 ranking
- Madagascar — 111th of 136: US$1.45 billion
- West Bank and Gaza — 112th of 136: US$1.38 billion
- Sudan — 113th of 136: US$1.35 billion
- Botswana — 115th of 136: US$1.3 billion
- Montenegro — 116th of 136: US$1.24 billion
- Tajikistan — 117th of 136: US$1.14 billion
What this measures
Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a gap-filled total.
All 20 values
| Year | Service imports (current US$, BoP) |
|---|---|
| 2025 | 1,301,764,253 |
| 2024 | 1,243,215,293 |
| 2023 | 1,083,296,916 |
| 2022 | 996,242,105 |
| 2021 | 839,782,686 |
| 2020 | 796,484,714 |
| 2019 | 1,071,807,591 |
| 2018 | 1,096,634,556 |
| 2017 | 949,858,033 |
| 2016 | 944,178,453 |
| 2015 |
Service imports (current US$, BoP) in nearby economies
- Canada — US$170.11 billion (2025)
- United States — US$910.24 billion (2025)
More economic policy & debt data for Bermuda
- GDP (current US$) — US$9.19 billion (2024)
- GDP (current LCU) — 9.19 billion (2024)
- GDP (constant 2015 US$) — US$7.53 billion (2024)
- GDP (constant LCU) — 7.1 billion (2024)
- GDP per capita (current US$) — US$142,250 (2024)
- GDP per capita (current LCU) — 142,250 (2024)
- GDP per capita (constant 2015 US$) — US$116,514 (2024)
- GDP per capita (constant LCU) — 109,864 (2024)
- GDP (annual % growth) — 1.89% (2024)
- GDP per capita (annual % growth) — 1.99% (2024)
- Adjusted savings, education expenditure (% of GNI)
Reading data like this
Questions people ask
- What is Bermuda's service imports (current US$, BoP)?
- US$1.3 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 51.03% from US$861.92 million in 2006 (2.19% a year on average, compounded). The highest value was US$1.3 billion in 2025 and the lowest US$796.48 million in 2020.
- How does Bermuda rank?
- 114th highest of 136 economies with data for 2025.
- Is the latest change in service imports (current US$, BoP) unusual for Bermuda?
- In 2025, Bermuda's service imports (current US$, BoP) rose 4.7% on 2024 (from US$1.24 billion to US$1.3 billion). Across the 18 yearly changes before that (2007 to 2024), the average change was +2.8% and a typical year strayed about 12.7% from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.GSR.NFSV.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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